Your home for Real Estate in the Illinois Valley area
Janelle McCarter
815-315-1249815-315-1249

501 S Main Street, Princeton, IL 61356 (MLS # 10602644)

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PRICE $225,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

Historic building for sale in the heart of downtown Princeton! This 5-unit building houses a large 1st-floor retail space (currently occupied by Meadows on Main, formerly occupied by a pharmacy) and 4 2-bedroom apartments on the second level. The retail space boasts over 3,500 square feet of space, including open floor retail space and separate storage/office rooms. The apartments have all been updated with modern kitchens, including granite countertops, bathrooms with tile shower/tub surrounds, and quality flooring throughout. The building is fully-leased and generates strong monthly income. Recent building updates include completely new roof (2019), updated lighting/flooring in retail space (~2017), and exterior painting (2019).

DAYS ON MARKET 67 LAST UPDATED 3/13/2020
YEAR BUILT 1893 COMMUNITY Hollowayville / Princeton
COUNTY Bureau STATUS Sold
PROPERTY TYPE(S) Mixed Use


ADDITIONAL DETAILS
AIR CONDITIONING Central Air, Central Individual
ARE ANY PROPERTY PHOTOS VIRTUALLY STAGED? No
BUILT BEFORE 1978 (Y/N) Yes
ELECTRICAL SERVICE Circuit Breakers, Separate Meters
FINANCE CODE Conventional
FIRE PROTECTION Carbon Monoxide Detector(s), Other
GEOGRAPHIC LOCALE Far West
HEAT/VENTILATION Electric
INFORMATION List Broker Must Accompany
LISTING TYPE Exclusive Right To Sell
LOT DIMENSIONS 50X150
MANAGING BROKER (Y/N) No
PARCEL IDENTIFICATION NUMBER 1616329001
PROPERTY TYPE Mixed Use
SELLER CONCESSIONS No
SHORT SALE Not Applicable
STATUS Closed
TAXES 8376
TAXES YEAR 2018, 2018
TENANT PAYS Air Conditioning, Electric, Heat
TOTAL ANNUAL EXPENSE SOURCE Actual




 
CONTACT US ABOUT 501 S MAIN STREET
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Listed with The Chrysalis Group
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About Janelle McCarter

Picture of Janelle McCarter

Janelle McCarter

Broker/Co-Owner of Landmark Realty

jalilley24@yahoo.com

815-315-1249815-315-1249 main

815-252-7283815-252-7283 mobile

Landmark Realty of Illinois LLC

1221 N Main St Princeton, IL 61356